Francois Blom

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Casablanca's 'Lord of the Rings' tower could be tallest in Africa

<b>(CNN) —</b> It may bear more than a passing resemblance to Barad-dur, the dark fortress of Sauron depicted in the Lord of the Rings trilogy, but the Al Noor Tower could become the tallest building on the African continent if construction begins as planned later this year.<p>The project is slated for the …

Credit card signatures are almost useless but banks won’t give them up

Banks continue to ask customers who pay with new credit cards to scrawl signatures on receipts to authenticate transactions instead of entering …

Wet Seal closing over 300 stores; nearly 3,700 losing jobs

NEW YORK (AP) — Struggling teen clothing retailer Wet Seal is closing 338 stores, about two-thirds of its stores, resulting in nearly 3,700 full- and …

Gold is glittering once again

Gold bugs rejoice! For now, at least.<p>With stocks, oil and the euro all plunging since the year began, the yellow metal is off to a hot start in the first few days of 2015.<p>Although gold pulled back a bit Wednesday as the broader market rallied, prices are still up about 2.5% so far. Ditto for the …

Stock futures up; S&P 500 looks to end skid

NEW YORK -- Stocks finished sharply higher Wednesday, ending their worst start to a year since 2008 after the release of minutes of the Federal Reserve's meeting last month, holding onto earlier gains driven by rising hopes for more monetary stimulus from the European Central Bank and good news on …

Stock Markets

Fortune.com

• 1. To license Fortune articles, excerpts, or headlines for republication in various media (including books, eBooks, film, web, newsletters, …

Brent crude briefly dips below $50; U.S. gas inventories rise

West Texas Intermediate crude rebounded from the lowest in more than 5 1/2 years amid strong demand from U.S. refineries.<p>WTI rose 1.5 per cent after falling below $47 a barrel for the first time since March 2009. Refineries have operated at over 90 per cent of capacity for the last two months, …